Global ETF News Older than One Year
IMF Working paper-Inflation and Activity-Two Explorations and their Monetary Policy Implications
November 6, 2015--Summary: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis.
Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.
Source: IMF
Haircut floors for non-centrally cleared securities financing transactions published by the Basel Committee
November 5, 2015--The Basel Committee on Banking Supervision has today issued for public consultation a proposal for incorporating the FSB's policy
framework for haircut floors for non-centrally cleared SFTs into the Basel III framework.
Source: BIS
Invesco puts the ETF man in charge
November 3, 2015--Sometimes coincidences can seem quite apposite. On the morning that Invesco Perpetual confirmed the leader of its global exchange-traded fund business as its new head of Europe, a survey of UK financial advisers was published, finding that four-fifths of them want more ETFs.
Andrew Schlossberg, formerly global head of ETFs and head of US retail at Invesco Perpetua's parent, Invesco group, is set to take over from Mark Armour as European chief at the start of 2016.
Source: Financial Times
MSCI To Start Adding Chinese ADRs To Its EM Indexes This Month
November 3, 2015--Global equity index provider MSCI is planning to add some overseas-listed Chinese stocks-known as American Depositary Receipts (ADR)-to its emerging markets (EM) indexes this month, which should lead to billions of dollars pouring into such stocks from
mutual funds and other investment companies and could eventually pave the way for mainland-listed stocks to find their way into...
Source: emergingequity.org
Infographic-How 5 Global Brands Use Renewable Energy
November 3, 2015--According to the Renewable Energy Policy Network, about 22.1% of the world's energy needs are satisfied by renewable energy. Hydro power accounts for most of this (16.4%) and the remainder (5.7%) comes from solar, wind, biomass, and other renewable sources.
While many governments are undertaking initiatives to keep the percentage share of renewable energy sources increasing, there are also some large global brands that are helping lead the charge to a greener economy.
Source: visualcapitalist.com
BIS-Information on global systemically important banks published by the Basel Committee
November 3, 2015--In conjunction with today's publication by the Financial Stability Board of the updated list of global systemically important banks (G-SIBs),
the Basel Committee on Banking Supervision has released further information.
This information includes:
a list of all the banks in the assessment sample;
the denominators used to calculate the scores for banks in the exercise;
the cutoff score that was used to identify the updated list of G-SIBs;
Source: BIS
Deutsche Borse and BSE India further strengthen strategic alliance
Deutsche Börse licenses three new BSE India market data products
November 2, 2015--Deutsche Börse Market Data + Services is further strengthening its partnership with BSE India (formerly known as Bombay Stock Exchange) by licensing three new BSE market data products.
The new "ultra" products deliver the full chain of pre-trade information and complete post-trade data.
Source: Deutsche Börse:
Fashion no judge of form for junk bond ETFs
November 2, 2015--Buoyed by rapid growth, junk bond exchange traded funds are one of the hottest tickets in town, however for some investors their actual performance has been less than compelling.
Fixed income ETFs are the fastest-growing asset class in the swelling industry and have increased assets under management by 17 per cent this year to $365bn.
Source: FT.com
Eurex: Trading statistics October 2015-Eurex Exchange: ADV 5.3 million contracts/ISE: ADV 2.5 million contracts
November 2, 2015--In October 2015, the international derivatives markets of Eurex, part of Deutsche Börse Group, recorded an average daily volume of 7.8 million contracts (October 2014: 9.9 million). Of those, 5.3 million were Eurex Exchange contracts (October 2014: 6.6 million), and 2.5 million contracts (October 2014: 3.3 million) were traded at the New York based International Securities Exchange (ISE).
The volume traded on the spot and derivatives power markets of the European Energy Exchange (EEX) amounted to 270.1 terawatt hours (October 2014: 154.4 TWh). Eurex Repo recorded in all markets in October 2015 an average outstanding volume of 144.6 billion euros.
Source: Eurex
Infographic-Explained: The Differences Between Electronic Money and Bitcoin
November 2, 2015--Electronic Money (commonly abbreviated e-money) and Bitcoin are two systems for making payments that are digital in nature. Both are catalysts in the mobile payments revolution, but that is where their similarities end.
In reality, the two systems are extremely different. Today's infographic sums up the major points to consider when thinking about these ideas.
Source: visualcapitalist.com
